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#ethereum Ξ Synthetix Grants Spartan ⚔️ On a journey through #Crypto, #Blockchain, #DeFi, #DAO’a & #Yield farming + some meme-crafting & shitposting on the side

Feb 28, 2022, 12 tweets

Let's talk #L2 and @optimismPBC for normal users.

First, why would you want to even consider using it? Well it is dirt cheep and regularly getting cheeper as they make upgrades and enhancements.

It is also the 2nd most used L@ already.

1/12

Let's look at some protocols on L2 for people to use.

First of cause is the OG @synthetix_io. It is currently the largest TVL based project here, building out many new functions that will allow for more $sUSD liquidity as well as provide a foundation for other protocols.

2/12

Next is @kwenta_io It is currently in complete redevelopment. Very exciting times ahead!

- Derivatives Trading
- - Crypto, Indices, Forex, Commodities, Equities etc
- Long & Short Trading
- FUTURES Trading!

All non-custodial & decentralised!

3/12

The next 2 are OPTIONS protocols

@lyrafinance Is providing Options Trading for everyone. Trade $ETH, $BTC, $LINK, $SOL and many more coming soon.

Buy and sell options to create infinite payoff structures.

4/12

The 2nd Options Trading protocol, @thalesmarket is a novel and gamified on-chain, permissionless, and non-custodial parimutuel market platform.

Binary Options & on-chain financial games.

Trade $ETH, $BTC, $LINK, $SNX, $CRV, $UNI, $AAVE & $SOL

And more coming soon!

5/12

The next one is @dHedgeOrg which is a social 'Fund Managers' protocol and they do all the trading.

They have interesting Fund structures where they combine the top trading Funds into one Index fund.

$ETH, $BTC, $LINK, $sUSD and many more coming soon.

6/12

Want to swap ERC20 tokens on L2 you can make use of @Uniswap or @Zip_swap

7/12

It is still early days but @CurveFinance is allowing for the trading of #stablecoins

Or you can add liquidity and earn fees going into the future.

optimism.curve.fi

8/12

How to bridge funds over from L1 to L2?

Couple bridges being built. The 2 most reliable atm are:

gateway.optimism.io

or

app.hop.exchange

9/12

#NFT's are also coming to L2 Optimism. The first marketplace live here is optimarket.io

10/12

Hold on to your hats! @universe_xyz will also be bringing their Marketplace Platform to Optimism in partnership with the @snxgrants Council.

11/12

Want to explore more interesting protocols on L2? Have a look at defillama.com/chain/Optimism

Good hunting fellow CryptoKnight

12/12

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